Deflation
Specter of deflation looms over Fed’s return to normal
After months of focus on slack in U.S. labor markets, the Federal Reserve faces a new challenge:
Europe Is Flirting With A Bizarre New Kind Of Economic Meltdown That Hasn’t Been Seen Since The 1930s
Inflation is crumbling across Europe. In fact, in several countries, it’s already negative. Economists are increasingly worried that the whole continent is going to drop into deflation.
